The Gross Domestic Product (GDP) in Israel was worth 401.95 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Israel represents 0.36 percent of the world economy. source: World Bank

GDP in Israel averaged 106.16 USD Billion from 1960 until 2020, reaching an all time high of 401.95 USD Billion in 2020 and a record low of 2.51 USD Billion in 1962. This page provides - Israel GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel GDP - values, historical data and charts - was last updated on July of 2021.

GDP in Israel is expected to reach 380.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel GDP is projected to trend around 420.00 USD Billion in 2022, according to our econometric models.

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Israel GDP

Actual Previous Highest Lowest Dates Unit Frequency
401.95 395.10 401.95 2.51 1960 - 2020 USD Billion Yearly
Current USD

Israel GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 1.50 9.20 -8.80 percent [+]
GDP Annual Growth Rate -0.50 -0.70 10.60 -8.50 percent [+]
GDP Growth Annualized -5.80 6.30 42.40 -30.70 percent [+]
GDP 401.95 395.10 401.95 2.51 USD Billion [+]
GDP Constant Prices 332645.30 338618.70 340471.50 138622.70 ILS Million [+]
Gross National Product 343652.00 354701.30 365153.30 69455.30 ILS Million [+]
Gross Fixed Capital Formation 70656.70 72989.70 72989.70 32668.00 ILS Million [+]
GDP per capita 33817.42 35286.86 35286.86 8789.02 USD [+]
GDP per capita PPP 38341.31 40007.32 40007.32 23543.29 USD [+]
GDP From Agriculture 3393.00 3722.60 4638.00 1779.40 ILS Million [+]
GDP From Construction 18471.90 19403.20 19746.00 8529.70 ILS Million [+]
GDP From Manufacturing 42173.20 44206.70 44206.70 26232.80 ILS Million [+]
GDP From Public Administration 45897.90 46647.20 48150.40 27521.40 ILS Million [+]
GDP From Services 36064.80 34218.90 37875.00 13345.00 ILS Million [+]
GDP From Transport 8834.10 8953.60 11379.50 3557.10 ILS Million [+]
GDP From Utilities 4424.10 4910.20 6950.50 2271.60 ILS Million [+]


Israel GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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